13 Commodore Dr, Biddeford, ME, 04005 | $204/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

13 Commodore Dr, Biddeford, ME, 04005 | $204/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
2 Bath
576 sft

76 Post Road #17M &18M, Wells, ME, 04090

3 Bed
2 Bath
1872 sft

2 Windsor Drive, Alfred, ME, 04002

3 Bed
2 Bath
1568 sft

25 Park Lane, Arundel, ME, 04046

2 Bed
1 Bath
1065 sft

58 Essex Street, Sanford, ME, 04073

Nearby investment properties with comparable prices

2 Bed
2 Bath
1568 sft

9 Commodore Dr, Biddeford, ME, 04005

2 Bed
2 Bath
924 sft

90 Poplar Park Drive, Wells, ME, 04090

3 Bed
1 Bath
1237 sft

4 Hammond Street, Sanford, ME, 04073

3 Bed
1 Bath
1568 sft

872 Cheney Woods Road, Wells, ME, 04090

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Biddeford at 13 Commodore Dr, Biddeford, ME, 04005 offers a 8.64% rental yield on a $229,000 purchase with $1,649/mo rent. Total monthly income registers $1,649/mo, and a $1,121/mo payment leaves $204/mo available for distribution. Annual cash flow reaches $2,443/yr on $75,914 to close, and return on cash invested stands at 23.13% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 120.27% and total cumulative return in cash at $91,301. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,649/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2017

N/A lot

$N/A/sqft

No HOA

More details about the property

6 MONTHS LOT RENT FREE! Welcome to single floor living in a small well kept 55 plus park community in Biddeford! Built in 2017, this 2 Bedroom 2 bath w/Den was purchased new and has been lovingly cared for. The home features a beautiful front kitchen/dining room floor plan loaded w/oak cabinets, stainless steel appliances and a large center island! The master bedroom has a private bath w/a walk in shower and a large walk in closet. Bedroom 2 is good sized and the Den has a large built in bookshelf. There is a separate laundry/utility room and rear entrance w/wheelchair ramp. The lot can accommodate a garage!

Neighborhood Data

Neighborhood data shown for ZIP Code: 04005, Biddeford, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,793 (100%)
Owner Occupied HU	5,606 (47.5%)
Renter Occupied HU	5,202 (44.1%)
Vacant Housing Units	985 ( 8.4%)
Median Home Value	$455,712
Average Home Value	$523,001